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21st Austria weekly - Frequentis, S Immo (11/05/2020)

17.05.2020

Frequentis: The Spanish air navigation service provider Enaire is one of the largest air navigation service providers in Europe. Enaire manages a total of 2.2 million km2 of airspace, which covers Spain and the Western Sahara including the Canary Islands. The high-performance voice communication solution that Frequentis, developer of safety-critical communication and information solutions, will provide, is based on the Frequentis Voice-over-IP (VoIP) product VCS 3020X, which is already in use in many area control centres and towers in Europe and around the world and has proven its performance and reliability many times over. "The Spanish market is of major strategic importance for Frequentis," said Norbert Haslacher,
CEO Frequentis AG. "We are proud to have been selected by Enaire as the supplier of this complete solution for the efficient, high-quality and sustainable provision of air traffic control services. We look forward to a successful and long-term business relationship with Enaire".
Frequentis: weekly performance: 2.16%

S Immo: In the first quarter of 2020, Austrian based real estate group S Immo will presumably top the operating results of the very successful prior-year period: total revenue, gross profit and EBITDA are expected to increase by approximately 5% to 8% in comparison to the previous-year period. The results from property valuation turned negative because of the effects of the COVID-19 pandemic. According to the preliminary figures, a modest negative valuation result of more than EUR -30m is expected (equivalent to approximately 1.3% of the IFRS property portfolio). Based on this valuation result, a net loss for Q1 2020 is expected as well. As of 31 March 2020, cash and cash equivalents amount to over Euro 230 mn and are thereby at a very high level. The final results for the first quarter will be published on 26 May 2020. The further effects of the COVID-19 pandemic on the financial year 2020 cannot yet reliably be estimated due to the numerous uncertainties as to the further development.
S Immo: weekly performance: -8.88%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/05/2020)


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21st Austria weekly - Frequentis, S Immo (11/05/2020)


17.05.2020


Frequentis: The Spanish air navigation service provider Enaire is one of the largest air navigation service providers in Europe. Enaire manages a total of 2.2 million km2 of airspace, which covers Spain and the Western Sahara including the Canary Islands. The high-performance voice communication solution that Frequentis, developer of safety-critical communication and information solutions, will provide, is based on the Frequentis Voice-over-IP (VoIP) product VCS 3020X, which is already in use in many area control centres and towers in Europe and around the world and has proven its performance and reliability many times over. "The Spanish market is of major strategic importance for Frequentis," said Norbert Haslacher,
CEO Frequentis AG. "We are proud to have been selected by Enaire as the supplier of this complete solution for the efficient, high-quality and sustainable provision of air traffic control services. We look forward to a successful and long-term business relationship with Enaire".
Frequentis: weekly performance: 2.16%

S Immo: In the first quarter of 2020, Austrian based real estate group S Immo will presumably top the operating results of the very successful prior-year period: total revenue, gross profit and EBITDA are expected to increase by approximately 5% to 8% in comparison to the previous-year period. The results from property valuation turned negative because of the effects of the COVID-19 pandemic. According to the preliminary figures, a modest negative valuation result of more than EUR -30m is expected (equivalent to approximately 1.3% of the IFRS property portfolio). Based on this valuation result, a net loss for Q1 2020 is expected as well. As of 31 March 2020, cash and cash equivalents amount to over Euro 230 mn and are thereby at a very high level. The final results for the first quarter will be published on 26 May 2020. The further effects of the COVID-19 pandemic on the financial year 2020 cannot yet reliably be estimated due to the numerous uncertainties as to the further development.
S Immo: weekly performance: -8.88%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (11/05/2020)




 

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